Guard gets N500, 000 bail over alleged N500, 000 bank’s cable theft

The accused allegedly vandalised and stole cables worth N500, 000 belonging to the defunct Savannah Bank.

Court gavel

He was, however, released on N500, 000 bail with two sureties in like sum.

Uzoma, whose address was not given, is standing trial on a three-count charge of conspiracy, unlawful damage and stealing.

The prosecutor, Insp. Igonbo Emby, told the court that the accused committed the offences on March 25 at 3.00 a. m. at Savannah Bank House at No. 64, Broad St., Lagos Island.

He said the accused vandalised and stole cables worth N500, 000 belonging to the defunct Savannah Bank.

The offences contravened Sections 285, 348 and 409 of the Criminal Law of Lagos State, 2011.

Section 285 provides a three-year jail term for stealing, while Sections 348 and 409 stipulate two years for unlawful damage and conspiracy.

The accused, however, denied the charges.

The Magistrate, Mr W. B. Balogun, adjourned the case until April 27 for mention.

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